LIVE at 5 p.m.: Quicken Loans Detroit Demo Day and WeWork’s Creator Awards at Detroit Demo Day will take place at Downtown Detroit’s Gem Theatre and Cadillac Square.
The event will end with a party and concert in Cadillac Square featuring a Grammy Award-winning recording artist.
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Local 4's Priya Mann is co-hosting the event.
Watch it live here (above).
The top eight companies in the Quicken Loans Detroit Demo Day competition, as voted by a panel of nationally-recognized business leaders, will receive capital in amounts ranging from $50,000 to $200,000 - totaling $1 million. The capital will be provided in the form of an interest-free business loan with a five-year term after a one-year payment-free holiday. A people’s choice award will also be presented. The people’s choice winner will be chosen by the audience at the event by voting with a mobile app. In addition, WeWork will be awarding grants to business and organizations in its incubate, launch and scale categories - totaling $1.5 million.